#TradingTypes101 Technical Analysis BTC/USDT - Trading Opportunity in Range🚀
🔍 Summary:
The BTC/USDT pair shows lateral movement with a slight upward trend (+0.74%), supported by close EMAs (7, 25, 99). The negative MACD (-3.42) suggests a possible correction, but the low volume (0.55757) indicates caution.
📊 Key Indicators:
- EMAs: 7 and 25 nearly equal (104,663.90 vs 104,680.50), a sign of consolidation.
- MACD: DIF (-11.32) < DEA (-7.90), weak bearish momentum.
- RSI (14): -51.12 (neutral-tending to oversold).
💡 Trading Idea:
Strategy: Range 104,450 - 104,860
- Buy: Near 104,450 (EMA 99 support + recent low).
- Sell/Take Profit: 104,860 (resistance by recent highs).
- Stop Loss: 104,300 (below key support).
⚠️ Risks:
- Low volume may increase volatility.
- Negative MACD requires confirmation of reversal.
📌 Conclusion:
BTC in defined range. Ideal for short-term traders with risk management. Take advantage of the bounces!
#Binance #BTC #TradingIdeas #Crypto
(Analysis based on data as of 31/05/2025. Not financial advice).
Note: Adjust stop loss and take profit according to your risk profile. Monitor volume to confirm breakouts.📈